With last week behind us and still no resolution to the Fiscal Cliff problem, we are starting to see a pattern reminiscent of the European Debt Crisis. Meaning that, one day, resolution is at hand. Next day, no compromise on the horizon. The markets will act accordingly. Which is frustrating if you are an investor but a potential bonanza if you...

We have put the election behind us and we weren’t really that surprised that Obama won. It’s hard to unseat a sitting president unless the country is complete disarray and contrary to Fox News, it isn’t. What is still in disarray are the areas most affected by Superstorm Sandy. There are whole sections of Queens and Staten Island that are t...

Now that the costliest election in our country's history is finally over we can reflect on the past and try to look into the future. The Obama Administration will be given a C-rating, by people that rate such things, for its first term. They can look to his handling of certain crises and applaud decisive leadership. They can look to his handling ...

As is our custom, we will go over the last week’s developments and try and make a little sense of them and then take a look at what’s in store for the coming week. Again, we were off base with our rosier than should be outlook for earnings. The tech sector took a hit with Microsoft (MSFT), IBM (IBM), Intel (INTC) and Google (GOOG) all missing...

Before we go into this week’s calendar and thoughts we need to establish something very important. We were wrong on our optimistic outlook for the week. Earnings did not impress anyone including us. We expected that this earnings season would be one where more companies would beat the street estimates. Although only 6% of the S&P 500 stocks r...